Now this is what makes Real Estate rewarding: A component of New Construction Real Estate in NJ is that a Developer makes provisions for low and moderate income buyers to have an opportunity to purchase a new home that is new construction. Parkside at Wanaque located in Haskell NJ, in Passaic County, is one of these new construction condo and townhouse Communities.. Potential buyers submit an application to see of they are eligible to purchase a new home based on Household income and size..

A "lottery" drawing is held on a specific date of the eligible prospects. They are then contacted in exact order of lottery drawing to see if they still have an interest in purchasing. If they do, Century 21 Crest Real Estate, the exclusive Broker for Parkside at Wanaque, arranges an appointment to meet to explain the process, review the plans and features and determine if they want to proceed. They are also pre approved by a mortgage lender at this time. Once income certified, the buyer goes into contract and within a few short months is moving into their new home.

You can feel the genuine excitement and thrill these buyers have at being given this opportunity. They truly express their feelings of having "won a lottery".

The buyers prospects for these new homes I have met so far are hard working and gainfully employed individuals. The buyers must have sufficient employment income and a good credit rating in order to purchase.

The price of these new construction condos are offered at a substantially lower price than the "fair market" units that are for sale. This is what makes them "affordable" for low and moderate income buyers. The Builder subsidizes the purchase.

This week I met prospective buyers who are a bank teller, grocery store employee, drug company employee, newly employed police officer, hospital billing employee and special needs children social worker.

It's not too late to submit an application. Visit www.CGPH.net or call 609-371-2181 Extension 22. You can also check out www.affordablehomesnewjersey.com for information about affordable rental and sales units.

You can also contact Marie Episale, Sales a manager at Century 21 Crest Real Estate for specific information about the Parkside at Wanaque new condo and townhome community. 973-636-7476. mcepi@aol.com

]]>http://parksideatwanaque.com/blog/2013/05/12/new-construction-condos-for-low-and-moderate-income-buyers-haskell-nj-passaic-county#comments0Parkside at Wanaque Condominium Complex gets go ahead from Wanaque Planning BoardMarie EpisaleMarie EpisaleOn Thursday, August 16th, 2012 the Wanaque Planning Board gave final site plan approval for Parkside at Wanaque to [...]]]>http://parksideatwanaque.com/blog/2012/08/20/parkside-at-wanaque-condominium-complex-gets-go-ahead-from-wanaque-planning-board
Mon, 20 Aug 2012 09:19:00 +0000http://parksideatwanaque.com/blog/2012/08/20/parkside-at-wanaque-condominium-complex-gets-go-ahead-from-wanaque-planning-boardOn Thursday, August 16th, 2012 the Wanaque Planning Board gave final site plan approval for Parkside at Wanaque to the Greentree Development Group. Parkside at Wanaque is an 88 Unit Condominium Complex located at the site of the old Candle Factory on the corner of Boulevard and Fourth Avenue.The Planning Board heard testimony from the Developer, Dave Gunia as well as his Attorney, Landscape Architect and Engineer. This community will offer an affordable purchase opportunity for two styles of housing. The Two Level Town Homes offer 1500 square feet of living space. They will have 2 Bedrooms, 2.5 Baths, an oversized Garage and an expanded 2nd floor "landing/nook" area. Features include an open floor plan on the first floor with a Designer Kitchen with custom cabinetry, granite countertops, stainless steel appliances that overlooks the Dining Area and Large Living Room. There is a Powder Room near the Main Floor entry. The Master Bedroom has a Walk in Closet and an ensuite bathroom with Glass Shower. Design elements include hardwood flooring throughout first floor and on 2nd floor landing and hallways, crown molding, upgraded window casing and base molding, attic storage, oversized garage with room for storage, patio area accessible through sliding glass doors. The Townhomes will be priced starting at $239,000.A two bedroom condo style model will also be available for under $200,000Construction will begin soon with anticipated "move in" dates in early 2013. Please join our V.I.P list if you would like to schedule a Sales Center visit when we open or subscribe to our Update list to keep informed of progress.